Yuantong International Express (06123) announced the results for the year ended December 31, 2023, and the group made profits...
According to the Zhitong Finance App, Yuantong International Express (06123) announced the results for the year ended December 31, 2023. The group obtained revenue of HK$5.292 billion, a year-on-year decrease of 21.1%; profit attributable to the company's equity shareholders was HK$967.75 million, a year-on-year decrease of 29.23%; profit per share was 23.15 HK cents, and a final dividend of HK2.3 cents per share was proposed.
According to the announcement, the reduction in profits attributable to the company's equity shareholders was mainly due to a decline in demand for shipping services from customers in the shipping division; and in 2023, the decrease in freight charges charged to customers was due to an increase in the supply of air and sea freight space.